Global investment giant Brookfield Asset Management has placed the highest bid — valued at around ₹5,000 crore — to acquire a portfolio of logistics assets spanning 13 million sq ft across India. The assets include holdings of the joint venture between ESR, a leading Asia-Pacific logistics real estate platform, and Allianz Real Estate.
The acquisition marks a significant step in Brookfield’s strategy to deepen its logistics footprint in India, aligning with its global infrastructure themes of digitalization, decarbonization, and deglobalization. The firm sees India as a key growth market within this framework. Brookfield is also exploring broader infrastructure opportunities in the country.
Brookfield’s India operations are supported by a local team of 15 professionals specializing in investment and asset management. The firm remains optimistic about India’s long-term economic trajectory, underpinned by robust demographics and a stable currency outlook. Agrawal noted that the predictable depreciation of the rupee allows the company to effectively hedge currency risks and maintain attractive returns.
The Toronto-based firm currently manages about $29 billion in assets across infrastructure, real estate, renewables, and private equity in India. Of this, telecom towers make up nearly $10–11 billion, pipelines around $2 billion, with the remainder deployed in rapidly expanding data center projects.
India’s infrastructure modernization drive has been a key catalyst for global capital inflows. A World Bank report (2022) estimated that India would need to invest $840 billion over 15 years to meet its urban infrastructure needs.
Regulatory reforms and the rise of Infrastructure Investment Trusts (InvITs) have further encouraged private participation. Brookfield’s InvIT platforms now account for nearly one-third of the total ₹1.8 trillion ($21.5 billion) InvIT market in India, highlighting its dominant role in the country’s infrastructure financing landscape.
With this latest logistics bid, Brookfield is positioning itself at the forefront of India’s next phase of industrial and infrastructure expansion.
